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Can withdrawals be processed in less than a day?

Jan 12, 2021 at 12:11
4,059 Views
129 Replies
Member Since Oct 05, 2020   65 posts
Feb 08, 2021 at 13:18
Betty_60 posted:
Yes, that’s possible, depending on which broker you use.
I am currently with fxview and have got many withdrawals within 24 hours, you can check.
Been getting this recommendation, yet to check it out, but thanks!
Member Since Nov 10, 2020   23 posts
Feb 09, 2021 at 04:15
Bladiminmunro posted:
The best thing to do is look for certain conditions in a broker and pay special attention to payments and withdrawals. Sometimes, brokers claim to have fast withdrawals but then it actually takes about 4 to 5 days for it to process. Do check the processing time, the payment options, the transaction fee and the amount of transaction. Many brokers tend to set a limit on payments and withdrawals. Need to stay aware of it.
You are right. This one time I traded with a broker that offered a withdrawal time of 2 days but it actually took about at least 5 days to process. Difficult to put your trust in anyone these days!
Member Since Nov 20, 2020   21 posts
Feb 09, 2021 at 06:06
Georgegiffen43 posted:
Yes, fast execution is a priority for me too. Would like some suggestions.
In my experience, Forextime and Fxview are the ones I’ve used and as far as withdrawals are concerned, they are pretty fast. But you can keep exploring different ones. Your call.
Member Since Oct 05, 2020   65 posts
Feb 09, 2021 at 11:24
PercymcDonnell54 posted:
Bladiminmunro posted:
The best thing to do is look for certain conditions in a broker and pay special attention to payments and withdrawals. Sometimes, brokers claim to have fast withdrawals but then it actually takes about 4 to 5 days for it to process. Do check the processing time, the payment options, the transaction fee and the amount of transaction. Many brokers tend to set a limit on payments and withdrawals. Need to stay aware of it.
You are right. This one time I traded with a broker that offered a withdrawal time of 2 days but it actually took about at least 5 days to process. Difficult to put your trust in anyone these days!
Hope there wasn’t a weekend involved
Member Since Aug 07, 2020   75 posts
Feb 09, 2021 at 12:54
shaunmarsh posted:
PercymcDonnell54 posted:
Bladiminmunro posted:
The best thing to do is look for certain conditions in a broker and pay special attention to payments and withdrawals. Sometimes, brokers claim to have fast withdrawals but then it actually takes about 4 to 5 days for it to process. Do check the processing time, the payment options, the transaction fee and the amount of transaction. Many brokers tend to set a limit on payments and withdrawals. Need to stay aware of it.
You are right. This one time I traded with a broker that offered a withdrawal time of 2 days but it actually took about at least 5 days to process. Difficult to put your trust in anyone these days!
Hope there wasn’t a weekend involved

Indeed, it all depends on the payment system you choose, because it doesn't always depend on the broker itself.
Member Since Nov 24, 2020   33 posts
Feb 10, 2021 at 04:07
I don’t think fund transfer can be so fast because it takes time to process.
Member Since Nov 25, 2020   27 posts
Feb 11, 2021 at 09:15
There are many brokers in the market which provide very fast processing times. The brokers which I am using i.e. Fxview and IG provide withdrawal within 1 to 7 days. If the bank is in the same country where the broker is, then in some instances you can get the same day withdrawals.
Member Since Nov 24, 2020   33 posts
Feb 12, 2021 at 04:56
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.
Member Since Nov 25, 2020   27 posts
Feb 12, 2021 at 09:30
I think with international clients, banks tend to take time to process withdrawals because of the time zone difference. This can also be one factor to consider.
Member Since Jun 16, 2020   35 posts
Feb 15, 2021 at 04:21
gildlef posted:
I think with international clients, banks tend to take time to process withdrawals because of the time zone difference. This can also be one factor to consider.
That’s why I always check what my broker’s previous customers have to say about the withdrawal process of the broker. I agree that it takes some time but it shouldn’t turn out to be costly in other terms.
Member Since Nov 10, 2020   24 posts
Feb 15, 2021 at 09:56
Right Christie, this is the reason why it is always said that you must not choose a broker just because everyone is recommending them. Check their features yourself to see whether they are worth your investments or not.
Member Since Sep 18, 2018   11 posts
Feb 15, 2021 at 10:33
I have had same day withdraws from IC markets before
Member Since Oct 09, 2020   28 posts
Feb 16, 2021 at 04:51
phillipgriffin posted:
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.
I make sure that my brokers offer fast withdrawals so that I don’t have to wait for days to get what I have earned. It gets frustrating with time to wait for your payments. This is the reason after researching for around 6 months, I decided to trade with Fxview and Fidelity. With them, I face no issues with trading and withdrawals.
Member Since Oct 05, 2020   65 posts
Feb 16, 2021 at 10:36
Breonnataylor posted:
phillipgriffin posted:
Fast withdrawals are really helpful because you have the real world estimate of how much you are gaining in hand.
I make sure that my brokers offer fast withdrawals so that I don’t have to wait for days to get what I have earned. It gets frustrating with time to wait for your payments. This is the reason after researching for around 6 months, I decided to trade with Fxview and Fidelity. With them, I face no issues with trading and withdrawals.
Well, that’s true. When you can’t take your earned money easily, it gets frustrating. At times, you feel like you have made the wrong choice.
Member Since Oct 05, 2020   65 posts
Feb 16, 2021 at 12:28
Forexstress posted:
I have had same day withdraws from IC markets before
Really? Are you talking of digital payments?
Member Since Nov 07, 2020   22 posts
Feb 17, 2021 at 05:55
To avoid such disappointment @Shaun, you must check the broker’s features before you trust them. This is the only way you can save yourself from disappointment later.
Member Since Dec 05, 2020   81 posts
Feb 17, 2021 at 05:59
Rogerwood465 posted:
To avoid such disappointment @Shaun, you must check the broker’s features before you trust them. This is the only way you can save yourself from disappointment later.
Hmm, but can't really trust people's withdrawals much until we have a personal experience, Isn't it guys?
I remember one of my friend suggesting a broker with good withdrawals turned out to be a bad experience when i tried them.
Member Since Oct 09, 2020   28 posts
Feb 18, 2021 at 05:30
Roger! Yes, you are absolutely right! Most brokers clearly mention what they will be offering. If a broker doesn’t, it will probably turn out to be a scam.
Member Since Nov 10, 2020   24 posts
Feb 18, 2021 at 11:02
Breonnataylor posted:
Roger! Yes, you are absolutely right! Most brokers clearly mention what they will be offering. If a broker doesn’t, it will probably turn out to be a scam.
A broker is an important choice that you make while trading. Its features can make a huge difference in the profits that you make. So it’s always wise to think long and hard on the broker you’re going to be using.
Member Since Oct 05, 2020   65 posts
Feb 18, 2021 at 12:15
Jude_craig posted:
Rogerwood465 posted:
To avoid such disappointment @Shaun, you must check the broker’s features before you trust them. This is the only way you can save yourself from disappointment later.
Hmm, but can't really trust people's withdrawals much until we have a personal experience, Isn't it guys?
I remember one of my friend suggesting a broker with good withdrawals turned out to be a bad experience when i tried them.
That’s true, but again, what other choice do we have than to verify from the existing users
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